Lost Generation

[francoHFW]

#13 says Swedish taxes have gone down from 56 to 45% recently. Your 70% comes from the Local, the RW BS paper of the Swedish far right.

 

[Pasco08]

so, lets see;

its a free article, read the whole thing, I snipped the last 3 paragraphs and spread them out for clarity...


The Swedish Model
It's the free-market reforms, stupid.
January 26, 2011

snip-

By the late 1980s, though, Sweden had started de-regulating its markets once again, decreased its marginal tax rates, and opted for a sound-money, low-inflation policy. In the early 1990s, the pace quickened, and most markets except for labor and housing were liberalized. The state sold its shares in a number of companies, granted independence to its central bank, and introduced school vouchers that improved choice and competition in education. Stockholm slashed public pensions and introduced private retirement schemes, keeping the system demographically sustainable.

These decisive economic liberalizations, and not socialism, are what laid the foundations for Sweden's success over the last 15 years. After the reforms of the early 1990s, Swedes' real wages increased by roughly 35% in a decade. And, as businesses have become more productive and people's incomes have risen, living standards improved. More people eat at restaurants now, more people travel abroad, more people buy DVDs and new cars. More people get more.

The path to reform has, however, come only in waves. After the intense overhauls of the early 1990s, the pace slowed somewhat and it wasn't until a center-right government returned to power in 2006 that free-market reforms picked up again. That center-right coalition, led by my own Moderate Party, was re-elected last year, after beating our leftist opposition by almost seven percentage points. The leftists' campaign promise? To roll back economic reforms.

Even smarting from the financial crisis, Swedes turned the leftists down. Over the last four years, they have seen their borders opened for more labor migration, they have seen still more state-owned companies sold, and have seen their public authorities shrink in number. Stockholm has also cut property taxes and abolished the wealth tax, and instituted a new system of income-tax credits that lets working people with average incomes keep what amounts to an extra month of wages, after taxes, per year. Today, the state's total tax take comes to 45% of GDP, from 56% ten years ago.

Meanwhile, unemployment benefits, sick leave and early retirement plans have all been streamlined to encourage work. The number of people receiving such welfare—which soared during the socialist decades—has fallen by 150,000 since 2006, a main reason for Sweden's remarkably sound public finances. Stockholm has also introduced a law that empowers Swedes to chose their providers for health care and other public services. This has led to a robust surge in entrepreneurship within the health-care sector, where more competition is bound to improve services.

Challenges such as youth unemployment, inflexible housing markets, waiting lists for health services, and too-high taxes, still plague the country. So reforms that increase economic freedoms should and will continue—the results so far have been more than encouraging. That is the real lesson to be learned from "the Swedish model."

Are you saying Star withheld pertinent information?. He should be ashamed.

Had you thought to click on the link in the OP ☞ here, you'd have discovered much the same information without the snarkiness of a Rupert Murdoch WSJ opinion piece.

What makes the Nordic model work are, as I pointed out in the OP, are the safety nets - universal health care, public financing and education. If an entrepreneur in Sweden fails s/he will land softly and swiftly bounce back, in the US if you fail... second chances are rare enough we tell inspirational stories about those that pull it off and-----and the US has one of the lowest rates of upward mobility in the industrial world - not so in Nordic Model countries, in Nordic Model countries...

​

Most Dems I know and I-----I for one have said in the past and I'll say it again - the American dream is being lived in the Scandinavian countries.


Swedes pay 70 percent of salary in taxes: study

The Local
SWEDEN'S NEWS IN ENGLISH
18 Oct 2012

Swedes who earn a salary on par with the average municipal worker contribute the equivalent of 70 percent of their monthly salaries in taxes, a new study has found.

Workers who earn 25,000 kronor ($3,810) per month end up paying 69 percent, or 17,200 kronor per month, in taxes, according to an analysis carried out by Swedbank.

According to Statistics Sweden, the average salary of a municipal worker in Sweden in 2011 was 25,000 kronor.

Meanwhile, two-child households earning 55,000 kronor per month contribute 38,000 kronor in taxes, Swedbank found.

The sum includes taxes deducted from one's paycheck; value added taxes paid on consumption; as well as payroll taxes paid by employers.

All told, taxes account for Swedes' largest monthly expense by far.

"Taxes visible in our paychecks are one thing, but when you include taxes on consumption and payroll taxes, taxes end up being three times as high," Maria Ahrengart of Swedbank's Institute for Personal Finance (Institutet för Privatekonomi) said in a statement.

In 2011, Swedes paid a total of 1.56 trillion kronor in taxes.

According to Swedbank's analysis, which traced exactly where Swedes' tax money is spent, municipalities and the pension system consume most of what Swedes pay in taxes.

"It's good to know what the money actually goes to and how tax money is divided," Ahrengart told the TT news agency.

Of the 17,200 kronor in tax generated by a monthly salary of 25,000 kronor, 6,100 kronor or about 35 percent, goes to municipal taxes, while the pension system receives 4,300 kronor, or about 25 percent.

Taxes paid directly to the state account for just under 20 percent of the worker's tax bill, or about 40,000 kronor per year.

Of that sum, about 1,700 kronor goes to help pay Sweden's European Union membership fee, with an equal amount going toward foreign development aid.

About 3,000 kronor is spent annually on education, compared with 2,500 kronor on defence and 4,200 on children and family programmes.

Meanwhile, of the 73,000 kronor paid in local taxes annually, elderly care consumes the largest amount -- 14,000 kronor, or about 19 percent -- while childcare and education account for about 30,000 kronor, or 41 percent.

"Much of what we pay in, we get out again in different ways," Ahrengart told TT.
.

And my caring of said what other countries are doing just isn't there i wouldn't trade my life in this country to live anywhere else. Americans are often called proud/arrogant and its true we love our country.

 

[squeeze berry]

sounds like "the lost generation" wants a free ride

 

[auditor0007]

.

​

So what’s the big deal? How do they [Scandinavian countries] find the perfect balance? Three factors explain most of the success of the Nordic model: universal health care, public financing and education.
.​

Yo Nordo...mind your own business or we will crush you like a bug.

The truth hurts.

 

[auditor0007]

.

​

So what’s the big deal? How do they [Scandinavian countries] find the perfect balance? Three factors explain most of the success of the Nordic model: universal health care, public financing and education.
.​

It's all about priorities.

 

[westwall]

Sweden's average home price at 'record high' - The Local

Sounds good for the home owner. Aren't we worried about all the homes with mortgages higher than their value here?

Most of that has gone away or haven't you been staying current? And, more to the point, expensive homes place them out of the reach of the middle class. Japan is an excellent example of the horrors that that entails...

"(FORTUNE Magazine) – The Japanese, famous for saving, are now loading their future generations with debt. Nippon Mortgage and Japan Housing Loan, two big home lenders, are offering 99- and 100-year multigeneration loans with interest rates from 8.9% to 9.9%. Borrowers put up their homes as collateral. Such deals represent sound fiscal planning for some families, especially the very wealthy living in Tokyo who, perversely, can almost not afford to inherit a house: Japan's graduated inheritance tax can take up to 70% of a family's assets, including its home. Under the 100-year loan plan, a second generation can move into a deceased parent's home and pay inheritance taxes on only a fraction of the house's value. Most Japanese, of course, don't have such problems. Their challenge is to find a house they can afford, especially if they want to live in Tokyo."



JAPAN'S 100-YEAR BANK LOANS - May 21, 1990

 

[auditor0007]

Yo Nordo...mind your own business or we will crush you like a bug.

Translation: Might is right. As long as we can bomb any other country into oblivion, why bother discussing other societal issues?

You miss the point, Gertrude...if the Nordos are so advanced why are they so far behind?

What is it you believe they are behind in?

 

[westwall]

so, lets see;

its a free article, read the whole thing, I snipped the last 3 paragraphs and spread them out for clarity...


The Swedish Model
It's the free-market reforms, stupid.
January 26, 2011

snip-

By the late 1980s, though, Sweden had started de-regulating its markets once again, decreased its marginal tax rates, and opted for a sound-money, low-inflation policy. In the early 1990s, the pace quickened, and most markets except for labor and housing were liberalized. The state sold its shares in a number of companies, granted independence to its central bank, and introduced school vouchers that improved choice and competition in education. Stockholm slashed public pensions and introduced private retirement schemes, keeping the system demographically sustainable.

These decisive economic liberalizations, and not socialism, are what laid the foundations for Sweden's success over the last 15 years. After the reforms of the early 1990s, Swedes' real wages increased by roughly 35% in a decade. And, as businesses have become more productive and people's incomes have risen, living standards improved. More people eat at restaurants now, more people travel abroad, more people buy DVDs and new cars. More people get more.

The path to reform has, however, come only in waves. After the intense overhauls of the early 1990s, the pace slowed somewhat and it wasn't until a center-right government returned to power in 2006 that free-market reforms picked up again. That center-right coalition, led by my own Moderate Party, was re-elected last year, after beating our leftist opposition by almost seven percentage points. The leftists' campaign promise? To roll back economic reforms.

Even smarting from the financial crisis, Swedes turned the leftists down. Over the last four years, they have seen their borders opened for more labor migration, they have seen still more state-owned companies sold, and have seen their public authorities shrink in number. Stockholm has also cut property taxes and abolished the wealth tax, and instituted a new system of income-tax credits that lets working people with average incomes keep what amounts to an extra month of wages, after taxes, per year. Today, the state's total tax take comes to 45% of GDP, from 56% ten years ago.

Meanwhile, unemployment benefits, sick leave and early retirement plans have all been streamlined to encourage work. The number of people receiving such welfare—which soared during the socialist decades—has fallen by 150,000 since 2006, a main reason for Sweden's remarkably sound public finances. Stockholm has also introduced a law that empowers Swedes to chose their providers for health care and other public services. This has led to a robust surge in entrepreneurship within the health-care sector, where more competition is bound to improve services.

Challenges such as youth unemployment, inflexible housing markets, waiting lists for health services, and too-high taxes, still plague the country. So reforms that increase economic freedoms should and will continue—the results so far have been more than encouraging. That is the real lesson to be learned from "the Swedish model."

Are you saying Star withheld pertinent information?. He should be ashamed.

Had you thought to click on the link in the OP ☞ here, you'd have discovered much the same information without the snarkiness of a Rupert Murdoch WSJ opinion piece.

What makes the Nordic model work are, as I pointed out in the OP, are the safety nets - universal health care, public financing and education. If an entrepreneur in Sweden fails s/he will land softly and swiftly bounce back, in the US if you fail... second chances are rare enough we tell inspirational stories about those that pull it off and-----and the US has one of the lowest rates of upward mobility in the industrial world - not so in Nordic Model countries, in Nordic Model countries...

​

Most Dems I know and I-----I for one have said in the past and I'll say it again - the American dream is being lived in the Scandinavian countries.


Swedes pay 70 percent of salary in taxes: study

The Local
SWEDEN'S NEWS IN ENGLISH
18 Oct 2012

Swedes who earn a salary on par with the average municipal worker contribute the equivalent of 70 percent of their monthly salaries in taxes, a new study has found.

Workers who earn 25,000 kronor ($3,810) per month end up paying 69 percent, or 17,200 kronor per month, in taxes, according to an analysis carried out by Swedbank.

According to Statistics Sweden, the average salary of a municipal worker in Sweden in 2011 was 25,000 kronor.

Meanwhile, two-child households earning 55,000 kronor per month contribute 38,000 kronor in taxes, Swedbank found.

The sum includes taxes deducted from one's paycheck; value added taxes paid on consumption; as well as payroll taxes paid by employers.

All told, taxes account for Swedes' largest monthly expense by far.

"Taxes visible in our paychecks are one thing, but when you include taxes on consumption and payroll taxes, taxes end up being three times as high," Maria Ahrengart of Swedbank's Institute for Personal Finance (Institutet för Privatekonomi) said in a statement.

In 2011, Swedes paid a total of 1.56 trillion kronor in taxes.

According to Swedbank's analysis, which traced exactly where Swedes' tax money is spent, municipalities and the pension system consume most of what Swedes pay in taxes.

"It's good to know what the money actually goes to and how tax money is divided," Ahrengart told the TT news agency.

Of the 17,200 kronor in tax generated by a monthly salary of 25,000 kronor, 6,100 kronor or about 35 percent, goes to municipal taxes, while the pension system receives 4,300 kronor, or about 25 percent.

Taxes paid directly to the state account for just under 20 percent of the worker's tax bill, or about 40,000 kronor per year.

Of that sum, about 1,700 kronor goes to help pay Sweden's European Union membership fee, with an equal amount going toward foreign development aid.

About 3,000 kronor is spent annually on education, compared with 2,500 kronor on defence and 4,200 on children and family programmes.

Meanwhile, of the 73,000 kronor paid in local taxes annually, elderly care consumes the largest amount -- 14,000 kronor, or about 19 percent -- while childcare and education account for about 30,000 kronor, or 41 percent.

"Much of what we pay in, we get out again in different ways," Ahrengart told TT.
.

Must suck for the people who die before they get to retire. Pay in all of that money and then get screwed out of it. I wonder if terminal people get a tax break so they can enjoy their last weeks?

 

[Warrior102]

Sweden's average home price at 'record high' - The Local

Sounds good for the home owner. Aren't we worried about all the homes with mortgages higher than their value here?

No.
Mine's paid off.

 

[Warrior102]

I.E. the UK and USA have the worst upward mobility now-

I know.
Obama's a complete fucking miserable failure.

 

[Trajan]

so, lets see;

its a free article, read the whole thing, I snipped the last 3 paragraphs and spread them out for clarity...


The Swedish Model
It's the free-market reforms, stupid.
January 26, 2011

snip-

By the late 1980s, though, Sweden had started de-regulating its markets once again, decreased its marginal tax rates, and opted for a sound-money, low-inflation policy. In the early 1990s, the pace quickened, and most markets except for labor and housing were liberalized. The state sold its shares in a number of companies, granted independence to its central bank, and introduced school vouchers that improved choice and competition in education. Stockholm slashed public pensions and introduced private retirement schemes, keeping the system demographically sustainable.

These decisive economic liberalizations, and not socialism, are what laid the foundations for Sweden's success over the last 15 years. After the reforms of the early 1990s, Swedes' real wages increased by roughly 35% in a decade. And, as businesses have become more productive and people's incomes have risen, living standards improved. More people eat at restaurants now, more people travel abroad, more people buy DVDs and new cars. More people get more.

The path to reform has, however, come only in waves. After the intense overhauls of the early 1990s, the pace slowed somewhat and it wasn't until a center-right government returned to power in 2006 that free-market reforms picked up again. That center-right coalition, led by my own Moderate Party, was re-elected last year, after beating our leftist opposition by almost seven percentage points. The leftists' campaign promise? To roll back economic reforms.

Even smarting from the financial crisis, Swedes turned the leftists down. Over the last four years, they have seen their borders opened for more labor migration, they have seen still more state-owned companies sold, and have seen their public authorities shrink in number. Stockholm has also cut property taxes and abolished the wealth tax, and instituted a new system of income-tax credits that lets working people with average incomes keep what amounts to an extra month of wages, after taxes, per year. Today, the state's total tax take comes to 45% of GDP, from 56% ten years ago.

Meanwhile, unemployment benefits, sick leave and early retirement plans have all been streamlined to encourage work. The number of people receiving such welfare—which soared during the socialist decades—has fallen by 150,000 since 2006, a main reason for Sweden's remarkably sound public finances. Stockholm has also introduced a law that empowers Swedes to chose their providers for health care and other public services. This has led to a robust surge in entrepreneurship within the health-care sector, where more competition is bound to improve services.

Challenges such as youth unemployment, inflexible housing markets, waiting lists for health services, and too-high taxes, still plague the country. So reforms that increase economic freedoms should and will continue—the results so far have been more than encouraging. That is the real lesson to be learned from "the Swedish model."

Are you saying Star withheld pertinent information?. He should be ashamed.

Had you thought to click on the link in the OP ☞ here, you'd have discovered much the same information without the snarkiness of a Rupert Murdoch WSJ opinion piece.

What makes the Nordic model work are, as I pointed out in the OP, are the safety nets - universal health care, public financing and education. If an entrepreneur in Sweden fails s/he will land softly and swiftly bounce back, in the US if you fail... second chances are rare enough we tell inspirational stories about those that pull it off and-----and the US has one of the lowest rates of upward mobility in the industrial world - not so in Nordic Model countries, in Nordic Model countries...

​

Most Dems I know and I-----I for one have said in the past and I'll say it again - the American dream is being lived in the Scandinavian countries.


Swedes pay 70 percent of salary in taxes: study

The Local
SWEDEN'S NEWS IN ENGLISH
18 Oct 2012

Swedes who earn a salary on par with the average municipal worker contribute the equivalent of 70 percent of their monthly salaries in taxes, a new study has found.

Workers who earn 25,000 kronor ($3,810) per month end up paying 69 percent, or 17,200 kronor per month, in taxes, according to an analysis carried out by Swedbank.

According to Statistics Sweden, the average salary of a municipal worker in Sweden in 2011 was 25,000 kronor.

Meanwhile, two-child households earning 55,000 kronor per month contribute 38,000 kronor in taxes, Swedbank found.

The sum includes taxes deducted from one's paycheck; value added taxes paid on consumption; as well as payroll taxes paid by employers.

All told, taxes account for Swedes' largest monthly expense by far.

"Taxes visible in our paychecks are one thing, but when you include taxes on consumption and payroll taxes, taxes end up being three times as high," Maria Ahrengart of Swedbank's Institute for Personal Finance (Institutet för Privatekonomi) said in a statement.

In 2011, Swedes paid a total of 1.56 trillion kronor in taxes.

According to Swedbank's analysis, which traced exactly where Swedes' tax money is spent, municipalities and the pension system consume most of what Swedes pay in taxes.

"It's good to know what the money actually goes to and how tax money is divided," Ahrengart told the TT news agency.

Of the 17,200 kronor in tax generated by a monthly salary of 25,000 kronor, 6,100 kronor or about 35 percent, goes to municipal taxes, while the pension system receives 4,300 kronor, or about 25 percent.

Taxes paid directly to the state account for just under 20 percent of the worker's tax bill, or about 40,000 kronor per year.

Of that sum, about 1,700 kronor goes to help pay Sweden's European Union membership fee, with an equal amount going toward foreign development aid.

About 3,000 kronor is spent annually on education, compared with 2,500 kronor on defence and 4,200 on children and family programmes.

Meanwhile, of the 73,000 kronor paid in local taxes annually, elderly care consumes the largest amount -- 14,000 kronor, or about 19 percent -- while childcare and education account for about 30,000 kronor, or 41 percent.

"Much of what we pay in, we get out again in different ways," Ahrengart told TT.
.

and if you had read the article you'd find it was authored by.....go ahead, go see......

your addendum added here doesn't mitigate a thing I posted btw.....


I did open the link, but it was hard getting past the strawman of "Denmark is Better At Realizing the American Dream Than America " and that; "Bernie Sanders has discovered utopia"...